Investor Presentaiton
Transaction Rationale
Transaction offers further diversification
industrial asset class, which remains resilient, especially
during the pandemic.
into
the
•
•
As a result of the acquisition of the Phase 2 Project, the
share of logistics, industrial and data centre asset classes as
a proportion of a-iTrust's portfolio 1 (in area terms) will
increase from 8.3% to 9.4%.
Mahindra World City is in an established industrial micro-
market in Chennai. The Phase 2 Project is in close proximity
to Casa Grande - Phase 12.
Transaction is expected to improve the earnings and
distributions for Unitholders.
Million sq ft
Current Pipeline¹
Total 25.0 million sq ft
Enlarged Portfolio
Total 25.3 million sq ft
2.1
14% growth in
Logistics/Industrial/
Data Centre
22.9
Current Pipeline
IT Parks
2.4
22.9
Enlarged Portfolio
I Logistics / Industrial / Data Centre
1. Includes the proposed acquisitions of: (i) two buildings in Aurum Q Parc as announced on 14 May 2018, (ii) aVance 5 as announced on 21 May 2018, (iii) aVance A1 & A2 in
aVance Business Hub 2 as announced on 31 July 2018, (iv) Blue Ridge 3 as announced on 14 June 2019, (v) Arshiya warehouse in Khurja as announced on 13 March 2020, (vi) IT
park at Hebbal as announced on 29 March 2021, (vii) Phase 1 of the data centre campus in Navi Mumbai as announced on 5 July 2021 and (viii) the development pipeline in
existing projects.
2. Casa Grande - Phase 1 refers to the 0.42 million sq ft fully leased industrial facility which a-iTrust acquired on 27 May 2022.
Ascendas India Trust
Proposed Forward Purchase Acquisition of Industrial Facilities at Mahindra World City, Chennai (Casa Grande
-
Phase 2)
10View entire presentation